Drew Group

Drew Group Boosts Buyer Confidence by Scrapping Sunset Clause for New Contracts

Developer responds to market uncertainty with bold assurance, offering buyers contract security and price certainty at Lagoon Main Beach.

In a move aimed at comforting buyers spooked by recent high profile contract cancellations by prominent developers on the Gold Coast, Drew Group has eliminated sunset clauses from all remaining unit sales in its Lagoon Main Beach development. This decision ensures buyers, many downsizing from established homes, can invest with confidence in the project without fear of contract cancellations due to delays or cost escalations.

Rising construction costs and financing hurdles have unsettled Queensland’s property market. Against this backdrop, Drew Group’s commitment to price certainty addresses buyer concerns, particularly for those new to apartment living. Partnering with Hutchinson Builders, arguably the most highly respected builder in Queensland, Drew Group guarantees delivery of its vision for sophisticated coastal living.

In a story published recently to realestate.com.au, Lagoon Main Beach buyer Julie Gillespie shared her experience: “We hesitated to commit due to stories of cancelled contracts. When Drew Group met our concerns with a price certainty undertaking in the contract, it gave us the assurance to secure one of the remaining units in the development. Knowing the project is backed by a trusted builder, Hutchinsons, and a reputable developer Jon Drew, made all the difference.”

Drew Group’s managing director Jon Drew said, “We firmly believe in honouring our commitment to buyers, just as they honour theirs. Scrapping sunset clauses reflects our integrity and dedication to delivering as promised.”

This move sets a new standard on the Gold Coast, offering peace of mind in a market that’s been impacted by growing concerns over contracts being cancelled and prices being hiked due to building cost blowouts and delays.

As Drew Group paves the way for a more secure buying experience, it hopes to inspire industry change.

Discover a home where trust meets luxury on the Gold Coast.

For all sales enquiries, contact Cameron Kohring from Pezet Matheson at ckohring@pezetmatheson.com or on 0433 872 611.